Latest News
M&A firm AdMedia Partners acted as exclusive financial advisor to KRG Capital Partners (KRG), a Denver-based private equity firm, in an investment in Ansira Partners, an independent engagement marketing agency.
Ansira, a leading independent engagement marketing agency, is the third platform company for KRG in advertising and marketing services. Ansira is also the eleventh platform company for KRG’s USD1.96 billion Fund IV. KRG plans to partner with Ansira management to continue building one of the industry’s leading customer intelligence and engagement marketing platforms, both organically and through acquisition.
New York-based mergers & acquisitions firm AdMedia Partners acted as exclusive financial
GroFin, the multinational pioneer of growth finance working to create real impact through the support of small and medium businesses, has seen its funds under management grow from USD260 million to USD323 million.
These funds are invested in supporting entrepreneurs and business people to start or grow a business. The company also announced that it will be launching three new offices in 2012 in Zambia, Jordan and a regional office serving the UAE.
Since launching in 2004, GroFin has established a reputation of being a leading provider of finance and business support to entrepreneurs and business owners in Africa and
Appleby, a provider of offshore legal, fiduciary and administration services, has appointed Cayman litigator, Christopher Russell, as partner in the firm’s Cayman Islands office from 1 May 2012.
Russell joins Appleby from Ogier’s Cayman office where, until recently, he led the firm’s litigation group. He is extremely well known in the Cayman Islands where he is regarded by peers as being one of the best lawyers on the island.
Appleby’s Global Practice Group Head for Litigation and Insolvency, Andrew Bolton (pictured) says: “It is excellent news that Chris is joining us. We are already well known in our market for
Ogier has appointment of Richard de Lacy QC to the role of partner and head of the firm’s Cayman litigation practice, from 19 March 2012.
Richard de Lacy brings 30 years of professional experience in the legal profession, not only as a barrister, but also as an academic and trustee. He joins Ogier from leading chambers 3 Stone Buildings in London, where he developed a distinguished reputation in commercial litigation and insolvency through cases in Europe, the Middle East, Asia and the Americas.
“We are delighted to be welcoming someone of Richard’s calibre and expertise to our litigation practice,” says Nick
Morgenthaler Private Equity (MPE), the Cleveland and Boston-based private equity team focused on lower middle market buyouts, has completed the sale of Avtron Loadbank, a designer and manufacturer of power integrity test and measurement devices, to Emerson.
The Company’s load bank technologies test and validate the quality and integrity of power sources, such as primary and standby generators and uninterruptible power supplies, in critical applications such as data centres, hospitals, airports, telecommunications, commercial and industrial buildings, and water and wastewater utilities.
Terms of the transaction have not been disclosed.
Jeff Gwinnell, President and Chief Executive Officer of Avtron Loadbank, says:
Private equity firm Warburg Pincus has appointed Simon Eyers as a Managing Director to concentrate on energy investments in Europe and emerging markets, based in the firm’s London office.
Simon Eyers joins Warburg Pincus after serving as a founding Partner of 4D Global Energy Advisors, a private equity firm specialising in the energy sector. Prior to 4D, he worked in energy investment banking at SG Warburg, Goldman Sachs and Credit Suisse First Boston Europe. Simon is a director of Fairfield Energy.
Joseph Schull, Head of Europe at Warburg Pincus, says: "Simon brings deep domain knowledge and years of experience in
Marubeni Corporation and Innovation Network Corporation of Japan (INCJ), a government-sponsored private equity corporation, have agreed to acquire Seajacks International from funds controlled by Riverstone Holdings. The terms of the transaction have not been disclosed.
The sale is expected to close at the end of April 2012. Marubeni intends to integrate the Seajacks business into its Power Projects & Infrastructure division.
Seajacks International is an offshore services company that operates primarily in the European offshore wind market but also serves the European offshore oil and gas markets. Seajacks owns and manages self-propelled jack-up vessels equipped for the harsh conditions of
Woodbridge, a middle market M&A advisory firm, has appointed David P Olson as a Managing Director. Olson will focus on enhancing Woodbridge’s relationships with private equity groups, including expanding its sell-side advisory practice with private equity groups seeking to exit portfolio holdings.
Olson has over 20 years of experience in the financial services industry in direct investing, middle market investment banking and operational roles.
"Over the years Woodbridge has generated tremendous deal flow to private equity groups," says Robert M Koenig, president of Woodbridge International. "Many have participated in our sell-side process and appreciate the efficient, effective methodology we use
The Alliance of Alternative Asset Professionals (TAAAPs), a non-profit organisation that provides education and up-to-date market information to professionals in the alternative asset industry, has launched a new website featuring informative articles written by industry experts, a calendar of educational and networking events, and information on the numerous charities supported by TAAAPs.
"The goal of TAAAPs is to provide our growing member base with information, resources, and contacts to help them prosper in the alternative asset industry,” says TAAAPs co-founder and president Paul Marino and a partner at the law firm Marino +Associates. “We are excited our new site will
Ernst & Young has re-established an office in the British Virgin Islands (BVI), after a multi-year absence. The global accounting and consulting firm, which has 152,000 employees in 140 jurisdictions globally, has a staff of six in the BVI and hopes that will expand to double figures by mid-summer.
According to Dan Scott, managing partner for Ernst & Young’s Bermuda, Bahamas, BVI and Cayman Islands region the firm was attracted by the BVI’s international reputation for financial services, particularly the strength of the financial services legislation, the regulatory regime and the Commercial Court: “When I look at the BVI, it
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
